News

Foresight Group’s Australian PV power plant portfolio totals 250 MW

UK-based asset manager Foresight Group claims to have assembled the largest asset fleet of utility scale solar in Australia. After having acquired four solar projects in Queensland and initiated one Victorian project in less than two years, the fund noted that it had moved quickly to “capitalise on the opportunities.”

Solar remains largely unscathed as House tax bill passes

Though there are modifications to the hard-won investment tax credit step-down provisions, it appears the bill leaves the solar industry largely alone.

German Development Bank sets up €33 million credit facility to support renewables in Africa

The facility is planned to improve liquidity of developers of renewable energy projects up to 50 MW across Africa.

100 MW PV project in Inner Mongolia announced by Yingli Energy

Yingli Solar has announced that its wholly owned subsidiary, Yingli Energy Company Limited is to develop a 100 MW “Top Runner” solar project in Wuhai City, in China’s Inner Mongolia autonomous region.

France plans 200 MW joint wind and solar auction

The French government, which has so far held separate auctions for the two leading renewable energy technologies, said joint tenders will help further reduce costs. The first auction will be open to projects not larger than 18 MW.

Solar Frontier reveals production halts in Japan

Solar Frontier has halted operations at its 150 MW Tohoku plant in northeastern Japan and has revealed plans to shut down production at its flagship 900 MW Kunitomi plant in late December, in line with plans to consolidate production in the southern prefecture of Miyazaki.

Belgium may add up to 18 GW of solar by 2040

Belgian grid operator Elia expects solar could reach 11.6 GW by 2030, especially if distributed generation and storage begin to see strong development.

India committed to its renewable energy targets, MNRE says at COP23

Panel consisting of government officials and industrialists organized discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ at the India pavilion at COP23 in Bonn. The government remains ambitious to meet its target and to follow sustainable development.

Switching to solar can boost education, prosperity for developing world, study finds

Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.

SunEdison to sell up to $417 million in TerraForm stock

The company stands to make a pretty penny by getting out of TerraForm Power.